40631 Mayberry, Hemet, CA 92544

$837,800
2,652
SqFt

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List Price
$837,800
Status
ACTIVE
MLS#
IV-26162777
Year Built
1937
Living Sq. Ft
2,652
Lot Size
4,356
Days on Market
41
Property Type
Multifamily
Style
Traditional
Stories
1

Property Description

AN EXCEPTIONALLY RARE INVESTMENT OPPORTUNITY!!!!of 4 units in the city of Hemet: highly profitable cash-flow multi-family property that includes a vacant land parcel. This one of a kind offering comprises of four APN and must be sold together. All units are currently rented on a month to month basis, presenting immediate current income and exciting development potential for the right buyer. The detached front single family residence has 3 bedrooms, 2 baths with newer kitchen cabinets and granite countertops with hight ceilings tile and carpet flooring, Updated with minor TLC!! At the rear of the property, you will find a multi-residential with 3 distinct units, featuring two one-bedroom/one bath unit and one two bedroom one bath unit. Spacious, Strong exterior and shared amenities including a gated picnic area and a large in-ground pool which is a welcoming amenities tenants love, it help attract and retain tenants!!! Parking options include a driveway for the front unit and 4 detached tandem car garage on a separate structure, a separate driveway for the back units building. Location offers solid upside opportunity with potential rent growth, the vacant land adds development values-added potential This income property is perfect for savvy investors and buyers looking for diversified income growth potential and a strong commitment to value creation!!! Don’t miss the chance!!!! More photos and videos are coming soon, stay tuned for updates!!!

Additional Information

Land Lease Type
Fee
Appliances
Built-In Range
Pool
Yes
Fireplace Description
None
View
City Lights
Garage Spaces Total
4

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Top Producers Realty Partners, Inc..